Less2sell Online Estate Agent Blog
News and views from your favourite online estate agent
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- Mortgage lenders leaning towards cash-laden buyers
The credit crunch is starting to afect mortgage borrowers who are unable to muster a big deposit. Nationwide has told its customers wanting a loan of more than 75% of the properties value that they will pay higher interest rates to reflect the increased risks involved. Nationwide increased its mortgages for home buyers wanting to borrow [...]
Tue, 26 Feb 2008 22:47:58 +0000 - Interest Rate Cut to 5.25%
The bank of England today decided to cut the UK interest rate by a further 0.25% to 5.25% Related Topics Interest Rate could fall to 4% Interest rate drops by 0.25% Historical Interest rate cuts
Thu, 07 Feb 2008 12:02:40 +0000 - Interest rates could fall to 4%.
This year will see at least three interest rate cuts taking the interest own to 4.75%, however, if the USA enters into a recession this could fall to 4%. How! Well the Bank of England are holding back on ate cuts due to high inflationary pressure predominantly from Energy and food stuffs. However, [...]
Wed, 23 Jan 2008 17:29:33 +0000 - Interest Rate drops by 0.25%
As predicted by Less2sell in our August article Interest Rate Remain Unchanged the Bank of England have today reduced interest rates by 0.25% to 5.5%. Related Links Interest Rate Remain Unchanged Pre Christmas Slowdowncomes Early UK Inflation below magical 2% level
Thu, 06 Dec 2007 11:32:41 +0000 - Looking For A Good Deal - Tips For Homebuyers
With the numerous stories about house prices at the moment, it’s hard to know what to believe.Whether house prices are going up, down or sideways, it makes sense to put in the hours to get the best home for you at the best price possible. Less2sell Estate Agents eluded in a previous post titled ‘Pre-Christmas [...]
Tue, 27 Nov 2007 20:42:57 +0000 - Pre-Christmas Slow Down Comes Early
The latest NAEA survey has been published and Less2sell have summarised the key points from the September report below:- The number of house buyers on estate agents’ books was at its lowest for the past four years, with agents reporting an average of 282 buyers registered in comparison to the 326 recorded in October [...]
Fri, 23 Nov 2007 21:14:36 +0000 - Final Phase Roll Out of HIP’s
From the 14th December 2007 all residential properties being put up for sale will require a HIP. This latest announcement has come despite huge opposition from the industry and warnings that HIPs are seriously damaging the market. A small ray of light today is the decision to extend first day marketing until 1 June 2008. This [...]
Fri, 23 Nov 2007 20:51:22 +0000 - Some Long Awaited Good News for First-Time Buyers (Maybe!)
What is good news for one person can be bad news for another. When it comes to property ownership in this country over the past decade, first-time buyers have repeatedly drawn the short straw (bad news). The housing boom that has had millions of older homeowners (good news) jumping all the way to the [...]
Sun, 14 Oct 2007 20:24:10 +0000 - How to add value to your home through D-I-Y.
A recent survey of estate agents by GE Money highlights that the right DIY project can add as much as £22,300 to the price tag of an average property. But what are the most value-adding home improvements? Less2sell estate agents believe that increasing the square footage of your property is likely to add the most value: [...]
Sun, 14 Oct 2007 19:44:19 +0000 - Online agents call for investigation into industry competition
The online estate agency firm Brightsale has called on the Office of Fair Trading (OFT) to investigate the issue of competition within the UK estate agent industry. The move comes soon after the website reported that several of its customers had been hit by punitive and arbitrary fee increases from a leading high-street agent. In addition [...]
Fri, 24 Aug 2007 19:51:42 +0000
